Nappanee IN Real Estate & Commercial for Sale

Location: The property is located in Nappanee, Indiana, which is an important factor for potential investors. Being situated on a main strip in the town can offer good visibility and accessibility. Building Size: The property includes a 21,450 square foot building. This is a sizable space that could be suitable for various types of businesses or tenants. Income-Producing: The property has a history of generating income, which is a positive indicator for potential investors. It's currently leased on a month-to-month basis however current tenant would like to do a 1-3 year lease. There are prospects for future leasing, providing a stable income potential as well. Acreage: The property includes 3 +/- acres, which could provide space for additional development or outdoor usage, depending on the needs of potential tenants. Road Frontage: The property has excellent road frontage on State Road 6, which can be advantageous for businesses seeking visibility and easy access. Versatility: The building can be split into two units, which offers flexibility for different tenants or income opportunities. This can be a valuable feature for attracting a variety of businesses. Amenities: The property includes essential amenities like bathrooms, a sprinkler system, an office area, dock doors, and electrical infrastructure, which can be important for various types of businesses. Investing in commercial real estate can be a lucrative venture, and this property appears to have several positive aspects that could make it a valuable investment opportunity.